Financial News Update – 01/17/11

Comprehensive List of Tax Hikes in Obamacare (Hat Tip: Nancy Jacques)

AT&T moves $17 billion pension plan and benefit losses to the past (Hat Tip: Jean Stoner)

China Questions Value of $USD (Hat Tip: Jean Stoner)

Pay Attention, This Was A Huge Week For The Yuan Becoming A Global Currency (Hat Tip: Jean Stoner)

House panel wants Homeland Security documents (Hat Tip: Brian B.)

The Only Economic Datapoint We’re Going To Worry About This Week

EU Optimism Is Screeching To A Halt, And It’s All Thanks To You Know Who

Egyptian Protester Sets Himself on Fire, And Stocks Dive, As The Tunisian Domino Tumbles

Shanghai Shares Get Completely Routed Overnight

The Indian Food Crisis In One Simple Chart

Chinese President Hu Jintao: “The Current International Currency System Is The Product Of The Past”

BUSTED: Unsealed Docs Show The Fed Was Fully Warned Of A Housing Crisis

Shanghai Starts China’s Huge Week By Diving

We Should Soon Know Gold’s Intentions

Rep. Steve King On ObamaCare: “It’s A Malignant Tumor” (Hat Tip: Brian B.)

Shock – Big Media Fault Elite Finance

Tunisia Anarchy Meme

Krugman’s Incoherent Moral Stance

Jared Loughner Was a Tea Partier (and I’m an Atheist River Dancer Who Hates Hunting)

Swiss central bank loses $22 billion in 2010 [weaken Swiss Franc] (Hat Tip: Jean Stoner)

Higher Commodity, Food Prices May Spur Inflation

The No Subsidies Energy Policy

Feds come knocking for home inspections (Hat Tip: Jean Stoner/Brian B.)

States eye ‘sin’ taxation as salvation for budgets (Hat Tip: Jean Stoner)

Tick, tick, tick: The cost of Obamacare is a time bomb (Hat Tip: Jean Stoner)

TRICARE to Extend Dependent Coverage to Age 26 (no wonder Prime premiums to rise) (Hat Tip: Jean Stoner)

China seems to want to takeover the Fed, along with everything else (Hat Tip: Jean Stoner)

A muni meltdown? (Hat Tip: Jean Stoner)

Governor [CA] leads charge to end agencies: [and] keep 8.1% of area property taxes (Hat Tip: Jean Stoner)

New European Union school calendar omits Christian holidays (Hat Tip: Jean Stoner)

Britain has 12 months to save schools and NHS, David Cameron warns (Hat Tip: Jean Stoner)

ChiCom President Hu Jintao on Eve of U.S. Visit: American Dollar “Product of the Past,” Yuan Should Be New Global Currency… (Hat Tip: Larwyn)

Food Riots 2011 – Here We Go (Hat Tip: Jean Stoner)

Obama’s EPA devotes another $7 million to ‘environmental justice’ campaign (Hat Tip: Jean Stoner)

Hu’s becoming first?

World is ‘one poor harvest’ from chaos, new book warns (Hat Tip: Brian B.)

Forecast could hang many out to dry (Hat Tip: Brian B.)

Retail meat prices in December climb by most in seven years (Hat Tip: Brian B.)

Obama’s Push for China Currency Changes Could Cost U.S. Consumers (Hat Tip: Brian B.)

U.S. bills states $1.3 billion in interest on jobless-pay loans (Hat Tip: Brian B.)

Doom And Gloom

20 Shocking New Economic Records That Were Set In 2010

Chinese President Criticizes Fed Reserve, Questions U.S. Dollar

Apple CEO Steve Jobs Takes Medical Leave of Absence

Colorado Student Pays $14,309.51 Tuition Bill One Dollar at a Time

Feds Threaten to Sue States Using Private Ballots in Union Elections

Schwarzenegger: Governorship Cost Me $200 Million

Detroit Screws Up Property Tax Billing — But it’s Not Like the City Needed the Money or Anything

Money for Nothing, PC For Free: Canada Bans Dire Straits Classic

Thanks Barack… Wikileaks Documents Linked to Tunisian Turmoil

Gros Says EU Crisis Funds Needed to Recapitalize Banks

Death of 3.5 Million Makes Dismal Economics: Commentary William by Pesek

Euro Falls on Bailout Debate; U.S. Futures Drop as Apple’s CEO Takes Leave

Europe’s Junk Bonds Proving Safer Than Riskiest Bank Debt: Credit Markets

Ivory Coast’s Gbagbo Gets Central Bank Funds as Ouattara Calls for Strike

New Gov’t in Tunisia Amid Unrest

GOP Threatens to Blow Off Obama’s Debt Limit Lift

Ex-Swiss Banker to Hand Account Files to WikiLeaks

Conservation Group Sues to Stop Solar Plant

Northern Iraqi Governor Cuts Baghdad Power Supply

Britain to Reform Health Care System

Currency system ‘product of the past’

Goldman Sachs to Offer FACEBOOK Shares Only to Non-U.S. Clients

200 Cows Die in Wisc. Field

Venezuela: Oil Reserves Surpass Saudi Arabia’s

Detroit may close ‘half of its public schools’

Camden, NJ braces for deep police, fire cuts

‘Explosive’ Food Prices the Biggest Risk

Oil price over $100 ‘not unrealistic’: Iran

Republican senator sees bipartisan agreement on debt ceiling

Marine Le Pen elected far-right leader; Stage set for challenge in French presidential race

Assange vows to reveal tax details of 2,000 wealthy people

Afghan govt taxes US aid

More Tunisia unrest: Presidential palace gunbattle

Food shortages

Greed of the president’s wife

Left country with 3,000 lbs. of gold

Egypt Stocks Drop on Concern Unrest May Spread

Egyptian, Algerian, Mauritanian set selves on fire

CLAIM: Cyber events could create catastrophic ‘perfect storm’


America: Paydown problems

You’re insane if you don’t own gold, investors told

Muni Bonds Crashing For Third Straight Day, And This Is The Worst Yet.

Why Democracies Will Always Go Bankrupt

The Latest Gold Fraud Bombshell: Canada’s Only Bullion Bank Gold Vault Is Practically Empty.

At Least 10 States Have Introduced Gold-As-Currency Bills

Industrial Production Rises By Most in Five Months

Holiday Spending “Record” Not As Good As It Looks

Wholesale Food And Energy Prices Rise

US Mint Reports Unprecedented Buying Spree Of Physical Silver

Bad Real Estate News Ignored To Spin Bright Future

Leading computer expert warns of cyber attack on National Grid.

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